🐳 $XMR 4-hour death cross—let’s look at it from a position-holding perspective:
The bullish momentum bars lasted for 19 four-hour candlesticks, which shows that bulls had been in control. Now, anyone chasing the rally is clearly struggling to keep up. After the rise, many holders are sitting on profits, so watch to see whether large investors use the rebound to cash out.
If you found this helpful, give it a like 👍
#XMR
The bullish momentum bars lasted for 19 four-hour candlesticks, which shows that bulls had been in control. Now, anyone chasing the rally is clearly struggling to keep up. After the rise, many holders are sitting on profits, so watch to see whether large investors use the rebound to cash out.
If you found this helpful, give it a like 👍
#XMR